agilon health (NYSE:AGL) Trading Up 5.6% – Time to Buy?

agilon health, inc. (NYSE:AGL) shares rose 5.6% during trading on Monday . The company traded as high as $4.21 and last traded at $4.23. Approximately 1,546,477 shares traded hands during trading, a decline of 68% from the average daily volume of 4,772,640 shares. The stock had previously closed at $4.00.

Analyst Ratings Changes

Several analysts have recently weighed in on AGL shares. Robert W. Baird reduced their target price on agilon health from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, April 15th. Needham & Company LLC reiterated a “hold” rating on shares of agilon health in a research note on Friday, March 21st. Royal Bank of Canada raised their target price on shares of agilon health from $3.00 to $3.50 and gave the stock an “outperform” rating in a research report on Wednesday, February 26th. Cowen reiterated a “hold” rating on shares of agilon health in a research report on Tuesday, April 15th. Finally, Stifel Nicolaus raised their price objective on shares of agilon health from $2.00 to $3.00 and gave the stock a “hold” rating in a research report on Wednesday, February 26th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, agilon health has a consensus rating of “Hold” and a consensus price target of $4.60.

agilon health Stock Down 3.3 %

The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of -4.26 and a beta of 0.38. The firm has a fifty day moving average price of $4.16 and a 200 day moving average price of $3.13.

Institutional Investors Weigh In On agilon health

Institutional investors have recently made changes to their positions in the stock. Oak Thistle LLC acquired a new stake in agilon health in the fourth quarter valued at $25,000. Ieq Capital LLC acquired a new stake in agilon health in the 4th quarter valued at about $26,000. Signaturefd LLC raised its position in agilon health by 143.0% during the fourth quarter. Signaturefd LLC now owns 14,388 shares of the company’s stock worth $27,000 after acquiring an additional 8,467 shares during the last quarter. Ridgecrest Wealth Partners LLC purchased a new stake in shares of agilon health in the first quarter valued at about $65,000. Finally, Pallas Capital Advisors LLC acquired a new stake in shares of agilon health in the first quarter valued at approximately $66,000.

agilon health Company Profile

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.